The name of this organization is the
Princeton Airportís Flying Tigers, hereafter referred to as PAFT. PAFT
is based at Princeton Airport (FAA identifier 39N) located at 41 Airpark Rd
(Route 206), Princeton, New Jersey 08540.

ARTICLE II: PURPOSE

PAFT is a social and educational
organization promoting the enjoyment and benefits of general aviation.

ARTICLE III:
MEMBERSHIP

Section 1. Membership is open to anyone
interested in aviation.

Section 2. Admission to membership.
Membership shall begin upon the submission of a PAFT membership application
to any PAFT officer and the payment of dues as defined in ARTICLE IV
to the PAFT treasurer.

Section 3. Privileges of membership.
The Member of Record shall have full voting rights as defined in ARTICLE V and may
participate in all PAFT activities.

Section 4. Termination of membership by
failure to pay dues.

Renewal of membership.
Members failing to renew their membership by paying the required dues by
March 31st will have their membership automatically terminated.

Section 5.
Life Membership Status (New; approved May 8, 2013)

A PAFT Member of Record shall upon 20 years of contiguous membership
automatically obtain Life Membership Status and be exempt from paying annual
PAFT membership dues.

ARTICLE IV: ANNUAL
DUES

Section 1. Dues are
per calendar year per household (i.e. family members living at the same
physical address). Only one member of a household may be the Member of
Record.

Section 2. Discount
for early membership renewal. A member renewing his/her membership who
pays the required dues for the upcoming year between October 1st and
December 31st of the current year shall be entitled to a $5 (five
dollar) discount.

Section 4. New
members joining PAFT between October 1st and December 31st
shall be entitled a $5 (five dollar) dues discount for the upcoming year and
have membership privileges beginning on the date dues are paid in the
current year.

Section 5. The board
will establish dues as necessary to carry on club business with the approval
of the membership as indicated in ARTICLE V.

ARTICLE V: QUORUM AND VOTING

Section 1. Quorum

a. A
quorum for conducting official business by PAFT officers shall consist of no
less than two officers.

b. A
quorum for conducting a vote at a regularly scheduled business meeting shall
consist of no less than 25% (twenty-five percent) of the current membership.

Section 2. Only members
whose dues are paid prior to the vote may vote.

Section 3. Each
membership (household) shall be entitled to one (1) vote regardless of the
number of persons in the household subject to the exception given in Section
4 of this Article.

Section 4. It is not the
intention of these Bylaws to prevent multiple persons in the same household
from obtaining individual memberships with each membership having one vote.

Section 5. Every effort
shall be made to conduct all voting at a regularly scheduled PAFT business
meeting.

Should
circumstances require a vote by the membership when it is not practical to
delay the matter until the next regularly scheduled business meeting, the
PAFT officers may, by a simple majority vote of the officers, conduct the
vote by an alternative written means including, but not limited to
email, a form on the PAFT Web site or an electronic survey. It shall
then be the responsibility of a PAFT officer to give a full and complete
report at the next regularly scheduled business meeting regarding the
results of the vote.

Section 6. Voting shall be by a
show of hands. A secret vote may be requested by any member.

Section 7. When a vote is
taken by an alternative means, the time period for the vote shall be 5
(five) calendar days. That is, the membership shall have until
midnight on the fifth calendar day following notification of the matter to
be voted on to respond with their vote.

Section 8. The results of
the vote shall be determined by a simple majority of the quorum present at a
business meeting or, in the case of the use of an alternate voting method, a
majority of the current membership voting electronically.

ARTICLE VI: MEETINGS

Section 1. PAFT
business meetings shall be conducted in the months of January, March, May,
September and November on the second Wednesday of the month.

Section 2. Business
meetings shall begin promptly a 7:00 p.m. A social hour may be held
from 6:00 p.m. until 7:00 p.m.

ARTICLE VII: FLY-INS

Section 1. PAFT
fly-ins shall be conducted each month from January to November on the third
Sunday of the month. There is no fly-in in the month of December.

Section 2. In any
given month the PAFT officers may elect to change the day of the fly-in to
an alternate Sunday to avoid conflict with holidays or religious
observances.

Section 4. Officers
shall take office on January first of the year following their election to
office.

Section 5. If an
officer should resign or be unable to complete his or her term of office,
the remaining officers shall meet and appoint a replacement who will serve
the remainder of the unexpired term of office.

Section 6. The duties
of the President:

a.
Preside over and conduct the regularly scheduled business meetings.

b. Lead
and coordinate the overall activities of the club.

Section 7. The duties
of the Vice-President:

a.
Preside over and conduct the regularly scheduled business meetings in the
absence of the President.

b. Assist
the President in coordinating the activities of the club.

c.
Coordinate the planning of fly-ins.

d. Chair
membership committee

Section 8.
The duties of the Secretary:

a.
Preside over and conduct the regularly scheduled business meetings in the
absence of the President and the Vice-President.

b. Keep
an accurate written record of the activities conducted at PAFT business
meetings.

Section 9.
The duties of the Treasurer:

a.
Submit, or cause to be submitted, an accurate and up-to-date financial
report at each regularly scheduled business meeting.

b.
Maintain care, custody and control of PAFT funds.

c.
Maintain a checking account at a financial institution approved by the PAFT
officers.

d. Ensure
that the authorized checking account signatures are updated as new officers
are elected. The PAFT President and Treasurer shall be authorized
signatures on the account.

e.
Disburse funds as authorized by these Bylaws.

ARTICLE IX: AUTHORIZED EXPENDITURE OF FUNDS

Section 1. The
Treasurer is authorized to pay ordinary and routine club expenses not
exceeding $200 (two-hundred dollars) without prior approval by the
membership.

Section 2. Proposed
expenditures exceeding $200 (two-hundred dollars) shall be voted on by the
membership at a regular business meeting as described in Article V.

ARTICLE X: ELECTIONS

Section 1. In any
year in which there will be an election of PAFT officers, the President
shall appoint a nominating committee at the September business meeting; the
nominating committee shall consist of three members.

Section 2. The
nominating committee shall prepare a slate of officers to be presented to
the membership at the November business meeting.

Section 3. Members in
good standing may be nominated from the floor at the November business
meeting.

ARTICLE XI: COMMITTEES

Section 1. Standing
committees.

a.
Membership. The membership committee shall consist of three members
and be chaired by the Vice-President. The purpose of the committee is
the recruiting and retention of members.

b. Nomination. See
Article X.

c.
Merchandise Manager. The board shall appoint a person to manage and
maintain an inventory of PAFT merchandise and ensure that it is available
for sale at meetings and other events.

d.
Webmaster. The President shall appoint a person to the position of
Webmaster for the purpose of maintaining the PAFT Web site.

Section 2.
Ad Hoc committees.

a.
Picnic. The picnic committee shall consist of as many members as
required to organize the PAFT annual picnic.

ARTICLE XII: PARLIAMENTARY AUTHORITY

The rules contained in the current
edition of Robertís Rules of Order Newly Revised shall be the parliamentary
authority for all matters not specifically covered in these Bylaws.

ARTICLE XIII: AMENDMENTS

Section 1. PAFT
Bylaws may be amended at any regular business meeting at which a quorum is
present. An affirmative vote by two-thirds of the membership present
is required.